1.
How to explore New
Vistas of Career in
Economics?
R A J E E S H P
A s s t . P r o f e s s o r
P G D e p t o f E c o n o m i c s , V T M N S S C o l l e g e ,
D h a n u v a c h a p u r a m

2.
• Economics is prestigious subject of enquiry.
P.A. Samuelson:
“Economics is oldest in art and newest in science, queen of
Social Science”
• Economics is the only social science discipline which awarded
Nobel Prize, funded by Bank of Sweden (1968).
• Economics is considered as ever green subject due to its high
utility and huge demand in the job market.
• Well-trained Economists are in huge demand not only in India
but also across the world for rapidly globalizing economic
scenario. They are hired as Economic analysts, Researchers
and Consultants.

3.
Various Branches of Economics.
1. Fisheries Economics
2. Agricultural Economics
3. Labor Economics
4. Industrial Economics
5. Business Economics
6. Banking Economics
7. Developmental Economics
8. Rural Economics
9. Rural Development

4.
10. Mathematical economics
11. Statistical economics
12. Monetary economics
13. International Economics
14. Econometrics
15. Public finance
16. Environmental Economics
17. Economic policy making
18. Financial Economics
19. Behavioural Economics

5.
At P.G Level
MA (Analytical & Applied Economics)
MA (Applied Economics)
MA (Business Economics)
MA (Corporation and Applied Economics)
MA (Econometrics)
MA (Economics)
MA (Indian Economics)
MA (Quantitative Economics)
MBA(Business Economics)
M.Sc. (Applied Economics)
M.Sc. (Mathematical Economics)
MBE(Master of Business Economics)

6.
At M.Phil. and Ph.D. Levels
M.Phil. (Applied Economics)
M.Phil. (Economics)
M.Phil.(Applied Econometrics)
Ph.D. (Business Economics)
Ph.D.(Economics)
Diploma Courses in Economics
Post Graduate Diploma (Applied Economics)
Post Graduate Diploma (Econometrics)

7.
Institutions offering Programme
There are many institutes, colleges and universities who have economics in its MA,
M.Phil and Ph.D. level Programme.
• Central University of Kerala,Kasaragod
1. M.A Economics
• Calicut University (Dr.John Mathaai Centre,Thrissur)
1. M.A Economics
2. M.A Financial Economics
3. M.A Development Economics
4. Master of Business Economics(MBE)

8.
• KUFOS(Kerala University of Fisheries and Ocean Studies),Kochi
1. M.F.Sc in Fisheries Economics
• Thunchath Ezhuthachan Malayalam University,Tirur
1. M.A.Local Development Studies
2. M.A.Environmental Studies

9.
• Kannur University
1. M.A. Applied Economics
2. M. A. Economics
• University of Kerala
1. M.A. Business Economics
2. M.A Economics
• Mahatma Gandhi University
1. M.A. Economics
• Centre for Development Studies
M.A Applied Economics
M.Phil Applied Economics
P.hD

10.
OUTSIDE KERALA
Here are the lists of institutions who are offering economics. You can easily see other information
related with the respective universities/colleges/institutes with their given website.
Delhi School of Economics-www.econdse.org
Jawaharlal Nehru University-www.jnu.ac.in
Presidency College Kolkata-www.presiuniv.ac.in
University of Delhi, South Campus-www.south.du.ac.in
St. Stephen College, Delhi University-www.ststephens.edu
University of Bombay-www.mu.ac.in
Indian Statistical Institute Kolkata-www. isical.ac.in
Sri Ram College of Commerce-www.srcc.edu
University of Agriculture Science-www.uasbangalore.edu.in
Ravenshaw University, Cuttack-www. ravenshawuniversity.ac.in
Gokhale Institute of Economics & Politic-www.gipe.ac.in
Symbiosis School of Economics-www.sse.ac.in
Madras School of Economics-www.mse.ac.in
IIT kanpur-www.iitk.ac.in
Banaras Hindu University – www.bhu.ac.in
For world recognized institution in the field of economics, everybody wish to join
London School of Economics

11.
JOB OPPORTUNITIES
• The various fields are offering better job
opportunity after passing BA or MA in
economics
• Some of the high demand sectors are given
below where job prospects are huge.

12.
Possible avenues
•Public Sector
•Private Sector
•NGOs(Non-Governmental
Organization)
•International /Aid/Agencies

13.
Public Sector
• Ministry of economics affairs
• Indian Economic Services
• Reserve Bank of India
• National Sample Survey Organization
• NITI Aayog
• Research Institutes
• Colleges and Universities
• Schools

14.
IES
• Direct recruitment to the IES is on the basis of an all india
open competitive examination, called the IES Examination
conducted by the UPSC
• Between 21 years and 30 years
• A candidate must possess Post Graduate Degree in
Economics/ Applied Economics/Business Economics/
Econometrics from a recognized University.

15.
RBI
Department of Economic and policy Research
The RBI has a rich tradition of economic research. Its department of
Economic and policy Research
Research Officer in Grade B
Specialist Adviser in Grade F
Age limit-35-50
Minimum qualification- a first class post graduation
Ph.D in Economics

16.
NSSO
• The NSSO has Four Divisions
• Survey design and research
• Field operations Division
• Data Processing
• Economic analysis
• Field investigator
• Age limit- minimum 21 and maximum 40
• Selection process- Written examination, Computer application
test, Interview Merit List

17.
NITI AAYOG
Divisions
• Research Centre
• HRD Division
• Project Appraisal and management Division
• Financial Resources Division
• Social Welfare and social Justice Division

18.
•Research Associates and Research Assistant
1. Essential Qualification: Master Degree in
Engineering/Computer
Science/Economics/Statistics/Mathematics/MBA
2. Strong analytical writing, Communication and
presentation Skill.
3. Knowledge of Computer Application

19.
RESEARCH INSTITUTE
• Institute for Social and Economic Changes(ISEC)Bengalure, Karnataka
• Madras Institute of Development Studies(MIDS),Madras.
• Centre for Development Studies(CDS), Thiruvananthapuram.
• Gokhale Institute of Politics and Economics(GIPE),Pune, Maharashtra.
• The Centre for Economic and Social Studies(CESS), Hyderabad
• Institute of Economics Growth(IEG),
• Indian Institute of Population Studies(IIPS), Mumbai, Maharashtra.

20.
COLLEGES AND UNIVERSITIES
Assistant Professor
Educational qualification
• Minimum of 55% in P.G. Programme
• NET/SLET/SET
• Ph.D

21.
TEACHERS IN SCHOOLS
Minimum Qualification
1. Master Degree Programme
2. B.Ed
Other Criteria
1. Employment Registration
2. Appear for written test
3. TRB
4. Teaching Experience

22.
INTERNATIONAL /AID/AGENCIES
• The firms like
• World Bank,
• Asian Development Bank,
• IMF, and other Development Banks,
• Aid agencies,
• Financial Consultancy firms are hiring the economic
graduates for its various positions.

23.
OTHER COMPETITIVE EXAMINATION
•UPSC
•RRB
•SSC
•IBPS
•TNPSC

24.
PRIVATE SECTOR JOB POSITION
• Economist
• Economic advisor
• Analysts
1. Financial Analysts
2. Business Analysts
3. Economic research Analyst
4. Media Analysts
5. Quantitative analyst
6. Forecast analyst
7. Financial Research Analyst
• Economic Developer
• Banking and Finance
• Insurance Investment

25.
• Management
• Manufacturing
• Advertising
• Communication
• Actuarial
• Education and Research
• Retailing
• System Analysis
• Stock Broker

26.
EXAM TIPS
REFRESH YOURSELF THROUGH UPDATION ie to Explore New Terminologies in
Economics
Eg:-
Flower pot law
No cash on the table principle
Home Economics
Low hanging fruit etc,.
ALWAYS Start with Quotes:- CASHLESS ECONOMY
PM. Modi “ Cashless economy is secure, it is a clean, you have a leadership role to play in
taking India towards an increasingly digital economy”

27.
WORKING WITH GRAPHICAL ILLUSTRATION
Eg:- Green revolution
Production Function
Demographic Transition Theories
PRACTICE ON OLD EXAM
University Question Papers
GETS SOME GOOD NOTES
National Digital Library of India
NPTEL
USE MATHEMATICAL EXPLANATION
• Q=f(L,K,N)
• C=f(Y)

28.
ora-et-labora